Login

330 W Garfield Avenue, Decatur, IL 62526

Local realty services provided by:CENTURY 21 KIMA Properties
330 W Garfield Avenue,Decatur, IL 62526
$45,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 676 sq. ft.
  • Single family
  • Active
Listed by: tony piraino
Office: brinkoetter realtors
MLS#:6256575
Source:IL_CIBOR

Price summary

  • Price:$45,000
  • Price per sq. ft.:$66.57

About this home

Investor-friendly 2-bed ranch with proven rental history and strong cash-flow metrics. Previously rented for $625/month, this property presents an excellent opportunity for buyers seeking immediate income and favorable cash-on-cash returns. Recent capital improvements include replacement windows, a new roof in 2021, and a new electrical panel in 2025, helping reduce near-term maintenance risk. The home also features an unfinished basement. At a $45,000 purchase price, the numbers are compelling: Estimated monthly P&I: ~$269 (20% down, 6.5% interest, 20-year amortization), Estimated monthly cash flow: ~$356, Estimated annual cash flow: ~$4,275, Estimated cash-on-cash return: ~47% (based on ~$9,000 down payment), Estimated annual ROI: ~47% (excluding appreciation and tax benefits). HVAC and water heater ages are unknown, allowing investors to underwrite conservatively while still benefiting from recent major updates. Affordable entry point, strong yield, and proven rent

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1925
  • Listing ID #:6256575
  • Added:1 day(s) ago
  • Updated:December 30, 2025 at 05:05 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:676 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1925
  • Building area:676 sq. ft.
  • Lot area:0.05 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$45,000
  • Price per sq. ft.:$66.57
  • Tax amount:$415 (2024)

New listings near 330 W Garfield Avenue